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“The markets were hoping for more clear-cut evidence of what is happening with the economy. They will have to wait, because the Fed wants more data.”
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“Interest rate expectations are driving the dollar.”
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“And the second quarter is supposed to be the weakest quarter, with a pickup in the third quarter.”
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“The intervention addresses the issue of a lack of global leadership. It shows that somebody is in charge.”
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“Headline inflation is moving up. A rate hike is likely in the fourth quarter.”
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“As the appetite for risk declines, investors are becoming more defensive and more domestically focused.”
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“The yen is the currency we really like right now.”
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“There's a chance the euro has seen its high for the cycle and Asian currencies have further to adjust.”
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